
Ether spot ETFs recorded a net outflow of approximately $1.35 billion in October, with net outflows on 17 of 20 trading days, and another $21 million outflow on the 29th. The distributed outflows throughout the month, rather than a single large redemption, indicate a more persistent issue: not a moment of panic, but sustained weak demand. A shift in sentiment will be confirmed only when flows remain positive for several consecutive weeks. #ETH
